1st process

2nd process
3rd process 8 Export the goods 9 Bill of leading

1 Contract of Exporting the goods

Exporter (AB co. ltd.)India Importer (RA co. ltd.)Dubai

2
5 Exporter wants the confirmation 12
Demanding the
4 6 Debit the
LC in favor of
Bank B Confirmation AB co. ltd. account

advice or Of LC
Bank credit
send the LC 3 Advice to its advisory bank
the account Bank A At Dubai (buying bank)
Bank B at Delhi
(advisory bank of Bank A)

10
Adds
Exporter 11 Send Debit Nostro
document confirmation
Produce account

all the
documents
11.a Demanding
payment
Bank X at Delhi Bank Z at N.Y
7 Confirming and reimbursement Bank
(Negotiating bank) Credit Nostro account